Trade Agreements Between Us And France

According to Eurostat data, the United States has a surplus for some goods such as energy ($2.8 billion), while France has a surplus of wines and spirits ($3.7 billion) and pharmaceuticals ($3.3 billion). Governments have also made little progress in negotiating a trade deal for which they first announced plans in 2018. The Trump administration has insisted that agriculture be included in the deal, while the European government has said it has no mandate to negotiate the issue. 1/ Trade in goods between the two countries reached $79 billion in 2018, an increase of 2.6% compared to 20171, according to Eurostat. The latest available data for goods and services covers the year 2017 for a total volume of $139 billion, of which $77 billion for goods and $62 billion for services. In 2018, France was the 4th export target and the third largest trading partner for the United States among European countries. California is the main exporter of goods to France, followed by Texas, especially because of its energy economy, while New York State and New Jersey are the main importers of goods from France. Similarly, the Ile-de-France (Paris region), Auvergne-Rhône-Alpes (Lyon region) and Occitanie (South-West) regions are particularly involved in this relationship – the latter because of their aviation industry. . . .